HMS Industrial Networks acquires Beck IPC 

HMS Industrial Networks acquires Beck IPC 

By eeNews Europe

Beck IPC provides solutions for embedded control, M2M communication and the Industrial Internet of Things, IIoT. The company’s IPC@CHIP technology forms the core of Beck IPC’s product range. Beck’s offerings also includes the comprehensive com.tom edge gateway series with the associated cloud portal.

HMS paid EUR 5 million in cash on a cash-free/debt-free basis, with the possibility of a further EUR 2 million payment in 2020 if Beck IPC reaches defined financial targets. Beck IPC GmbH is expected to have net sales of EUR 6-7 million in 2018.

“We are excited to be joining HMS. Thanks to our complementing technologies we will be able to offer innovative, cutting-edge solutions within IIoT, and HMS’s worldwide sales organization will ensure a global market reach,” says Thomas Schumacher, Managing Director of Beck IPC GmbH.

More information

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